We lead pre-seed rounds in B2B software, SaaS and AI with first checks of $250K to $750K. We back founders who have real customer signal before they have product polish. Our Elephant methodology favors capital efficiency, early profitability and founders retaining more equity over growth at all costs. Our bootcamp has trained 1,000+ ventures since 2015, so we meet most founders long before they raise, and we invest as operators rather than allocators.
Stage focus
Lead / follow
Check size
$50K–$750K
Specialization
Generalist / Specialist
Specialist
Does not invest in
No therapeutics, deep biotech, hardware with long tooling cycles, heavy infrastructure or real estate. Anything that needs a big round before there is customer proof is the opposite of how we invest. We are also the wrong check for a pre-customer founder with no evidence anyone will pay, or for a team committed to growth at all costs. US only.
Investing team
- John Richards
- Tyler Richards
How to reach them
Form link on website